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India’s Café Coffee Day sees revenues rise but continues to close stores

The Bengaluru-based coffee chain posted a 10% rise in net revenue last year, but looks set to be overtaken by Tata Starbucks as India’s largest branded coffee chain amid ongoing store closures

Café Coffee Day now operates 450 stores across India | Photo credit: Café Coffee Day/Facebook

The Bengaluru-based coffee chain posted a 10% rise in net revenue last year, but looks set to be overtaken by Tata Starbucks as India’s largest branded coffee chain amid ongoing store closures

India’s Café Coffee Day (CCD) achieved double-digit revenue growth last year but continues to close stores in a bid to manage heavy debt.

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